20 Sep GBGR September 2021 Post Rebalance Announcement
The Global Beta Rising Stars ETF, in accordance our FactSet Rising Stars Index, rebalanced at the close of 09/17/21!
Please visit GBGR GlobalbetaETF to view the index’s new holdings and find out more about the index and its investment objective!
Below you will find notable securities that were added to the index during the rebalance, given their current market share trends and valuations:
Notable Deletions
Ticker
Company Name
Former Weight
Current Price-to-Sales Ratio
Year-Over-Year Sales Growth
DLR
Digital Realty Trust, Inc.
10.51
25.24%
SWCH
Switch, Inc. Class A
11.34
6.09%
MITK
Mitek Systems, Inc.
8.28
22.44%
INOV
Inovalon Holdings, Inc. Class A
8.51
9.51%
QTWO
Q2 Holdings, Inc.
10.41
27.03%
BCOV
Brightcove Inc.
2.29
10.26%
NPTN
NeoPhotonics Corporation
1.57
-25.18%
EVOP
EVO Payments, Inc. Class A
2.54
1.06%
EVER
EverQuote, Inc. Class A
1.38
31.80%
OSTK
Overstock.com, Inc.
1.08
54.96%
Former weight as of 09/16/21. Current price-to-sales ratio and year-over-year sales growth as of 09/17/21. Year-over-year sales growth based on the company’s most recently reported 12-month trialing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.
Below you will find notable securities that were removed from the index during the rebalance, given their current market share trends and valuations:
Notable Additions
Ticker
Company Name
New Weight
Current Price-to-Sales Ratio
Current 12-Month Trailing Dividend Yield
BKE
Buckle, Inc.
1.66
40.83%
GPN
Global Payments Inc.
6.00
19.59%
ZUO
Zuora, Inc. Class A
6.35
7.13%
OCFT
OneConnect Financial Technology Co. (ADR)
2.65
45.57%
RVLV
Revolve Group, Inc. Class A
6.02
18.40%
LOVE
Lovesac Company
2.61
41.53%
Z
Zillow Group, Inc. Class C
6.42
10.90%
RAAS
Cloopen Group Holding Ltd. Class A (ADR)
5.32
45.52%
JCOM
J2 Global, Inc.
3.89
17.01%
AVGO
Broadcom Inc.
8.15
11.63%
Former weight as of 09/16/21. Current price-to-sales ratio and year-over-year sales growth as of 09/17/21. Year-over-year sales growth based on the company’s most recently reported 12-month trailing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.
Below is a summary of the characteristics for the securities that were sold from the index versus those that were added. By virtue of our index methodology, the index seeks to identify stocks showing recent growth trends but at appropriate relative valuations.
Turnover Recap
Current Price-to-Sales Ratio
Current 12-month Trailing Dividend Yield
Additions
4.90
25.81%
Deletions
5.79
16.32%
Former weight as of 09/16/21. Current price-to-sales ratio and year-over-year sales growth as of 09/17/21. Year-over-year sales growth based on the company’s most recently reported 12-month trailing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.
Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus or summary prospectus. A copy may be obtained by visiting www.globalbetaetfs.com or calling (833) 933-2083. Please read the prospectus or summary prospectus carefully before investing.
The fund’s primary risks:
Mid-Capitalization Securities Risk
The securities of mid-capitalization companies are often more volatile and less liquid than the stocks of larger companies and may be more affected than other types of securities during market downturns. Compared to larger companies, mid-capitalization companies may have a shorter history of operations, and may have limited product lines, markets or financial resources.
Concentration Risk
To the extent that the Target Index is concentrated in a particular industry, group of industries or sector, the Fund is also expected to be concentrated in that industry, group of industries or sector, which may subject the Fund to a greater loss as a result of adverse economic, business or other developments affecting that industry, group of industries or sector.
Dividend-Paying Securities Risk
The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after the Fund’s purchase of such a company’s securities.
Large Capitalization Securities Risk
The securities of large market capitalization companies may underperform other segments of the market because such companies may be less responsive to competitive challenges and opportunities and may be unable to attain high growth rates during periods of economic expansion.
Distributor: Compass Distributors, LLC
The Global Beta Rising Stars ETF, in accordance our FactSet Rising Stars Index, rebalanced at the close of 09/17/21!
Please visit GBGR GlobalbetaETF to view the index’s new holdings and find out more about the index and its investment objective!
Below you will find notable securities that were added to the index during the rebalance, given their current market share trends and valuations:
Notable Deletions
| Ticker | Company Name | Former Weight | Current Price-to-Sales Ratio | Year-Over-Year Sales Growth |
| DLR | Digital Realty Trust, Inc. | 10.51 | 25.24% | |
| SWCH | Switch, Inc. Class A | 11.34 | 6.09% | |
| MITK | Mitek Systems, Inc. | 8.28 | 22.44% | |
| INOV | Inovalon Holdings, Inc. Class A | 8.51 | 9.51% | |
| QTWO | Q2 Holdings, Inc. | 10.41 | 27.03% | |
| BCOV | Brightcove Inc. | 2.29 | 10.26% | |
| NPTN | NeoPhotonics Corporation | 1.57 | -25.18% | |
| EVOP | EVO Payments, Inc. Class A | 2.54 | 1.06% | |
| EVER | EverQuote, Inc. Class A | 1.38 | 31.80% | |
| OSTK | Overstock.com, Inc. | 1.08 | 54.96% |
Former weight as of 09/16/21. Current price-to-sales ratio and year-over-year sales growth as of 09/17/21. Year-over-year sales growth based on the company’s most recently reported 12-month trialing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.
Below you will find notable securities that were removed from the index during the rebalance, given their current market share trends and valuations:
Notable Additions
| Ticker | Company Name | New Weight | Current Price-to-Sales Ratio | Current 12-Month Trailing Dividend Yield |
| BKE | Buckle, Inc. | 1.66 | 40.83% | |
| GPN | Global Payments Inc. | 6.00 | 19.59% | |
| ZUO | Zuora, Inc. Class A | 6.35 | 7.13% | |
| OCFT | OneConnect Financial Technology Co. (ADR) | 2.65 | 45.57% | |
| RVLV | Revolve Group, Inc. Class A | 6.02 | 18.40% | |
| LOVE | Lovesac Company | 2.61 | 41.53% | |
| Z | Zillow Group, Inc. Class C | 6.42 | 10.90% | |
| RAAS | Cloopen Group Holding Ltd. Class A (ADR) | 5.32 | 45.52% | |
| JCOM | J2 Global, Inc. | 3.89 | 17.01% | |
| AVGO | Broadcom Inc. | 8.15 | 11.63% |
Former weight as of 09/16/21. Current price-to-sales ratio and year-over-year sales growth as of 09/17/21. Year-over-year sales growth based on the company’s most recently reported 12-month trailing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.
Below is a summary of the characteristics for the securities that were sold from the index versus those that were added. By virtue of our index methodology, the index seeks to identify stocks showing recent growth trends but at appropriate relative valuations.
Turnover Recap
| Current Price-to-Sales Ratio | Current 12-month Trailing Dividend Yield | |
| Additions | 4.90 | 25.81% |
| Deletions | 5.79 | 16.32% |
Former weight as of 09/16/21. Current price-to-sales ratio and year-over-year sales growth as of 09/17/21. Year-over-year sales growth based on the company’s most recently reported 12-month trailing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.
Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus or summary prospectus. A copy may be obtained by visiting www.globalbetaetfs.com or calling (833) 933-2083. Please read the prospectus or summary prospectus carefully before investing.
The fund’s primary risks:
Mid-Capitalization Securities Risk
The securities of mid-capitalization companies are often more volatile and less liquid than the stocks of larger companies and may be more affected than other types of securities during market downturns. Compared to larger companies, mid-capitalization companies may have a shorter history of operations, and may have limited product lines, markets or financial resources.
Concentration Risk
To the extent that the Target Index is concentrated in a particular industry, group of industries or sector, the Fund is also expected to be concentrated in that industry, group of industries or sector, which may subject the Fund to a greater loss as a result of adverse economic, business or other developments affecting that industry, group of industries or sector.
Dividend-Paying Securities Risk
The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after the Fund’s purchase of such a company’s securities.
Large Capitalization Securities Risk
The securities of large market capitalization companies may underperform other segments of the market because such companies may be less responsive to competitive challenges and opportunities and may be unable to attain high growth rates during periods of economic expansion.
Distributor: Compass Distributors, LLC
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